Artwork

Content provided by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

60. Savings Accounts vs Cash Funds

25:41
 
Share
 

Manage episode 367081144 series 2892167
Content provided by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As Kiwis, we’re savers at heart. Generally speaking, we tend to rely on savings accounts to grow your short-term money. But are there investment funds that might also be suitable for getting you to the same goals?

*Cash Funds enter the room*

The funds that Cat reckons are getting a glow-up in 2023.

So what are these types of funds, why use them and how do they compare to savings accounts? We cover all this and more in this episode.

Specifically, we chat about:

  • Differences in cash availability, fees, estimated returns and more, when looking at on-call accounts, notice-saver accounts, term deposits, and cash funds
  • The relationship between the Official Cash Rate (OCR), interest rates and cash funds
  • Whether conservative, cash and defensive funds are the same thing
  • Why tax matters when deciding between cash funds & savings accounts

Check out the resources mentioned during the episode:

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.
SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify
Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

  continue reading

122 episodes

Artwork

60. Savings Accounts vs Cash Funds

It's No Secret

12 subscribers

published

iconShare
 
Manage episode 367081144 series 2892167
Content provided by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Catherine Emerson & Christine Jensen, Catherine Emerson, and Christine Jensen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As Kiwis, we’re savers at heart. Generally speaking, we tend to rely on savings accounts to grow your short-term money. But are there investment funds that might also be suitable for getting you to the same goals?

*Cash Funds enter the room*

The funds that Cat reckons are getting a glow-up in 2023.

So what are these types of funds, why use them and how do they compare to savings accounts? We cover all this and more in this episode.

Specifically, we chat about:

  • Differences in cash availability, fees, estimated returns and more, when looking at on-call accounts, notice-saver accounts, term deposits, and cash funds
  • The relationship between the Official Cash Rate (OCR), interest rates and cash funds
  • Whether conservative, cash and defensive funds are the same thing
  • Why tax matters when deciding between cash funds & savings accounts

Check out the resources mentioned during the episode:

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.
SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify
Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

  continue reading

122 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide